EGAN JONES CUTS US CREDIT RATING TO AA-

The ratings agency Egan-Jones has downgraded the US credit rating
to AA- from AA+

The outlook is negative.

And they're citing the lack of progress on cutting the debt.

Egan Jones is not an official credit ratings National Statistical
Ratings Organization, (like Fitch, S&P, and Moody's are) and unlike those other three, does
not make their ratings public, since they're for the advice of
clients.